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2024

On January 12, 2024.

MIK HFC LLC successfully issued a $225 million bond on the international capital market

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2023

On June 8th, 2023

Mongolian Mortgage Corporation has fully implemented the ISO 37301:2021 International Compliance Management Standard in its operations.

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On May 11th, 2023

Mongolian Mortgage Corporation had all its employees undergo a medical examination.

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On April 28, 2023

The regular meeting of shareholders was held.

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On April 20, 2023

"MIK Holding” JSC and "City Capital Housing Corporation" JSC signed a memorandum of cooperation to attract financing and investment for Ger district area redevelopment projects.

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On March 6, 2023

Сингапур улсад болсон Олон улсын ипотекийн хоёрдогч зах зээлийн холбооны (ISMMA) ээлжит хуралд “МИК ОССК” ХХК-ийн гүйцэтгэх захирал Б.Гантулга оролцлоо.

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On February 3, 2023

“MIK Asset Thirty-Two SPC” LLC issued Residential Mortgage-Backed Securities worth MNT 560 billion.

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2022

On December 15, 2022

Presented the Company's 3rd quarter update to investors

On October 06, 2022

Mongolian Mortgage Corporation's 16th anniversary

On September 21-23, 2022

Chief Executive Officer of MIK, B. Gantulga, participated in the conference on "Developing and Financing Green Housing in Asia" and attended the regular meeting of "ASMMA" member organizations in Kuala Lumpur, Malaysia

On September 15, 2022

On the occasion of the 1st anniversary of the over-the-counter market, forum was organized in cooperation with the Association of Securities Traders and the Financial Regulatory Commission, and MIK participated as a sponsor.

On October 10, 2022

MIK participated in the "Sustainable Development Goals" open day organized by the United Nations.

On August 15, 2022

"MIK Holding" JSC presented its financial and operational report for the first half of 2022 to the public at the Mongolian Stock Exchange

On July 6, 2022

MSE concluded that "MIK Holding" JSC fully fulfilled its obligations.

On July 6, 2022

FRC granted special permission to "MIK Asset Twenty Nine SPC" LLC to issue RMBS

On June 24, 2022

Representatives of banking and finance, led by the Deputy Minister of Finance of Kyrgyzstan, visited MIK and exchanged experiences.

On April 29, 2022

A regular meeting of shareholders of "MIK Holding" JSC was held, and issues such as the company's 2021 operational and financial report and amendments to the company's charter were discussed and approved.

On April 19, 2022

Independent member of the Board of Directors of "MIK Holding" JSC, economist Ch. Khaschuluun has been appointed as the deputy chairman of the board of directors of "MIK Holding" JSC.

On April 15, 2022

Chief Executive Officer B. Gantulga participated as a panelist in the discussion on "Bond market development, regulatory environment and issues to be considered for bond issuance" of "IPO Mongolia 2022 Forum".

On March 30, 2022

The Chief Executive Officer of "MIK Holding" JSC, B. Gantulga, participated as a panelist in the sub-discussion on "Revival of Green Development" of the Mongolian Economic Forum.

On March 30, 2022

"MIK Holding" JSC has joined the "Billion Trees" national movement initiated by the President of Mongolia and plans to plant one million trees.

On March 18, 2022

In accordance with the decision of State Great Khural to amend “Law on COVID-19 prevention, fight, and mitigation of its socioeconomic impact”, the mortgage payment deferral program have been extended until December 31, 2022.

2021

On December 30, 2021

"MIK Asset Twenty Seven SPC" LLC issued mortgage-backed securities worth 80.66 billion MNT and "MIK Asset Twenty Eight SPC" LLC issued mortgage-backed securities worth 76.41 billion MNT respectively

On December 18, 2021

“Mongolian Mortgage Corporation HFC” LLC won the “Forbes Mongolia Finance Awards 2021” and received the “Biggest Fund Raise” award.

On November 18, 2021

In cooperation with the Ministry of Construction and Urban Development, a forum on “Housing and Finance” was organized.

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On November 08, 2021

“MIK Asset Twenty Six SPC” LLC issued mortgage-backed securities worth over 101.9 billion MNT.

On October 06, 2021

Mongolian Mortgage Corporation's 15th anniversary

On September 17, 2021

MIK Holding JSC became a member of the Mongolian Sustainable Finance Association (MFSA).

On September 08, 2021

Within the framework of social responsibility, the "Laminar flow surgery room of the General Department of Anesthesia" was renovated at the First State Central Hospital.

On August 30,2021

Moody's has reaffirmed the credit rating of MIK HFC LLC at "B3" or "stable".

On June 29, 2021

In accordance with the decision of State Great Khural to amend “Law on COVID-19 prevention, fight, and mitigation of its socioeconomic impact”, the mortgage payment deferral program have been extended until December 31, 2021.

June 28, 2021

S&P Global changed its outlook on MIK HFC LLC to “Negative” from “Stable”.

April 29, 2021

The regular Shareholders meeting of MIK Holding JSC was held and elected the members of the Board of Directors.

On March 18, 2021.

Moody’s changed Mongolian Mortgage Corporation’s outlook from negative to stable.

On March 4, 2021.

ISMMA meeting was organized virtually.

On Febraury 26, 2021

MIK Asset Twenty Six LLC was established.

On February 9, 2021

MIK Asset Twenty Five SPC LLC issued RMBS in the amount of over MNT 108 billon.

On February 1, 2021.

MIK HFC LLC raised USD 250 million worth of bonds on the internationl capital market at 8.85% for 3 year tenor.

On January 13, 2021.

FRC granted special permission to MIK Asset Twenty Five LLC to issue RMBS of MNT 100 billion.

2020

On December 11, 2020.

The 7th Asian Fixed Income Summit (AFIS) organized virtually.

On November 25, 2020.

In co-operation with Japan Housing Finance Agency organized an online seminar on “Green Housing Financing - 2020”.

On November 18, 2020.

The Government of Mongolia has extended the mortgage payment deferral program for mortgage loans issued under the Affordable housing finance program until July 1, 2021.

On November 12, 2020.

Due to the “COVID-19” we have work remotely.

On October 1, 2020.

The Governor of the Bank of Mongolia issued a Decree to amend the “Residential mortgage loan financing procedure” to reduce the interest rate of housing mortgage loans to 6%.

On September 25, 2020.

Change in the composition of the Board of Directors.

On July 8, 2020.

MIK Asset Twenty-Four SPC LLC issued RMBS in the amount of MNT over 112 billion.

On June 25, 2020

Standard & Poor's reaffirmed the company's credit rating at 'B stable'.

On May 20,2020

The Bank of Mongolia, commercial banks and MIK HFC LLC renewed the General Housing Financing Agreement.

On May 11, 2020

Moody's downgraded the company's credit rating by one notch to “B3, negative” at the same level as Mongolia's credit rating.

On April 30, 2020.

The regular shareholders meeting of "MIK Holding" JSC was held online for the first time in accordance with the current situation.

On April 17, 2020

The Government of Mongolia is taking measures to ease households’ financial burden during the "COVID-19” pandemic which included to freeze mortgage payments for 6 months.

On April 3, 2020

Due to the COVID-19 pandemic, the government has decided to defer the repayment of mortgage loans for 3 + 3 months.

On March 26, 2020.

MIK Asset Twenty-Three SPC LLC issued RMBS in the amount of MNT over 87 billion.

On March 26, 2020

MIK Asset Twenty-Two SPC LLC issued RMBS in the amount of MNT over 95 billion.

On January 11, 2020

An irregular shareholders meeting of MIK Holding JSC has been convened.

2019

On December 26, 2019.

MIK Asset Twenty-One SPC LLC issued RMBS in the amount of MNT over 97 billion.

October 11, 2019

Mongolian Mortgage Corporation HFC (MIK HFC) has signed a Memorandum of Cooperation with the Japan Housing Finance Agency in Tokyo, Japan.

On August 6, 2019.

MIK Asset Twenty SPC LLC issued RMBS in the amount of MNT over 120 billion.

On July 9, 2019.

MIK Asset Nineteen SPC LLC issued RMBS in the amount of MNT over 100 billion.

On May 20, 2019

MIK HFC LLC was named the best taxpayer in the capital city

May 13, 2019

Mongolian Mortgage Corporation HFC's 300 million USD Bond awarded for "Best Deal" for the "Bloomberg Awards 2018".

On April 1, 2019

Became a member of the International Secondary Mortgage Market Association.

On February 12, 2019

The bond issue was increased by $ 50 million to a total of $300 million due to high pre-orders.

On January 29, 2019

MIK HFC LLC traded $250 million worth of three-year bonds with an interest rate of 9.75% in the international financial markets.

2018

on December 27, 2018

MIK Asset Eighteen SPC LLC issued RMBS in the amount of MNT over 92 billion.

on November 15, 2018

MIK Asset Seventeen SPC LLC issued RMBS in the amount of MNT over 100 billion.

On October 5, 2018

Mongolian Mortgage Corporation HFC LLC signed a Memorandum of Understanding with Cagamas Berhad National Mortgage Corporation of Malaysia. The agreement is aimed at supporting the housing market and housing finance. The two companies will enhance their corporation, preform joint studies on housing finance, as well as sharing experiences and know how.

on August 09, 2018

MIK Asset Sixteen SPC LLC issued RMBS in the amount of MNT over 100 billion.

On July 2, 2018

Mongolian Mortgage Corporation HFC LLC signed a Memorandum of Understanding with Korea Housing Finance Corporation. The agreement is aimed at supporting the housing market and housing finance. The two companies will enhance their corporation, specifically finding solutions to problems in the market, as well as sharing experiences and know how.

On June 02, 2018

Mongolian Mortgage Corporation HFC LLC successfully organized the 5th Asian Fixed Income Summit in cooperation with Ministry of Construction and Urban Development, the Ministry of Finance as well as the Financial Regulatory Commission.

MIK Asset Fifteen SPC LLC issued RMBS in the amount of MNT over 129 billion on June 15, 2018.

“МИК Актив Арван Тав ТЗК” ХХК 129 гаруй тэрбум төгрөгийн орон сууцны зээлээр баталгаажсан үнэт цаас гаргав.

on April 30, 2018

The plenary Shareholders’ meeting of MIK Holding JSC convened.

On March 29, 2018

On March 29, 2018 MIK Holding JSC and MIK HFC LLC has been rated on par with Mongolia’s sovereign rating by Fitch international rating agency ratings “B-, stable”.

On March 16, 2018

MIK Holding JSC and MIK HFC LLC has been rated on par with Mongolia’s sovereign rating by Moody’s international rating agency ratings “B3, stable”.

on January 31, 2018

MIK Asset Fourteen SPC LLC issued RMBS in the amount of MNT over 139 billion.

on January 11, 2018

Organized “Smog-free Ulaanbaatar” forum.

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2017

MIK has been organized and sponsored "Bloomberg Finance Forum 2017" with FRC and National News Corporation on November 27. 2017.

On August 2nd 2017, MIK HFC LLC made changes to its Company structure, by decree of the Board

From 22 May, 2017, Mr. Gantulga Badamkhatan was appointed as Chief Executive Officer of MIK Holding JSC and MIK HFC LLC, by MIK Holding JSC Board decree.

MIK HFC LLC was certified for the first time  ISO/ IEC 27001: 2013 "Information Security Certificate" issued by the International Organization for Standardization in Mongolia.

Issued RMBS of 2017

"MIK Asset Ten SPC" LLC, "MIK Asset Eleven SPC" LLC issued RMBS of 160 billion MNT on February 1. "MIK Asset Twelve SPC" LLC  - 262 billion MNT on May 17. "MIK Asset Thirteen SPC" LLC -179,2 billion MNT on October 27.

2016

In 2016 International Finance awards named "MIK HFC" LLC as a "Best Issuer Of RMBS Mongolia".

Issued RMBS of 2016

"MIK Asset Eight SPC" LLC- 186.3 billion MNT on February 5. "MIK Asset Nine SPC" LLC- 106,1 billion MNT on April 22.

2015

The European Business Assembly named MIK HFC LLC “Best Enterprise” and CEO D.Gantugs “Manager of the Year”.

Mongolian Mortgage Corporation expanded and became a group company named MIK Holding JSC.

.

MIK Holding JSC listed on the MSE and raised 37.2 billion MNT by launching an IPO on December 23, 2015.

Issued RMBS of 2015

Issued RMBS: MIK Asset Four SPC” LLC - 452.25 billion MNT on January 30. MIK Asset Five SPC LLC -294.3 billion MNT on June 10. MIK Asset Five SPC LLC - 452.25 billion MNT on June 10. MIK Asset Seven SPC LLC -293.8 billion MNT on December 11.

2014

The CFI.co Awards, headquartered in London, named MIK HFC LLC Asia's best issuer of mortgage-backed bonds in 2014.

The General Authority of Social Insurance named MIK HFC LLC the “Top Employer" and "Best Social Insurance Premium Paying Organization” and presented certificates of honor.

Issued RMBS of 2014

MIK Asset Two SPC LLC issues RMBS of 222 billion MNT on July 10.  MIK Asset Three SPC LLC issues RMBS of 324.5 billion MNT on November 30.

2013

Development Bank of Mongolia (DBM) became a shareholder of MIK HFC LLC.

MIK HFC LLC was awarded "Best Achievement of 2013" by Bloomberg Awards.

Ms. Gantugs Damdin was appointed as Chief Executive Officer of MIK Holding JSC and MIK HFC LLC, by MIK Holding JSC Board decree.

The Bank of Mongolia, MIK HFC LLC, and commercial banks concluded the General Agreement on House Financing for the implementation of the housing finance program of the Government of Mongolia.

MIK Asset One SPC LLC issued an initial RMBS of 322.9 billion MNT on December 23, 2013.

Concluded an MoU with the Bank of Mongolia and Ministry of Construction and Urban Development to implement the Construction Sector Support and Residential Housing Price Stabilization sub-program.

FRC approved and granted MIK Asset One LLC special permission for the issuance of RMBS.

2012

Obtained a license from FRC for the issuance of asset-backed securities and becomes a housing finance company (HFC).

2011

FRC enacts Procedure on Issuance of Asset-Backed Securities.

Organized the Asia Pacific Regional Conference on Housing Finance in cooperation with the Asia Pacific Union for Housing Finance and Frankfurt School of Finance and Management.

Commercial banks purchased additional MIK shares and MIK’s equity fund increased.

MIK signs an MoU with the Mongolian National Construction Association and Mongolian National Center of Commerce and Industry for cooperation on the Private Sector 10,000 Family Housing program.

2010

Organized a meeting to discuss with commercial banks about the Development of the Mongolian House Financing Market project funded by the German Bank for Reconstruction and Development.

2009

The Financial Regulatory Commission registered and approved MIK’s request to issue its first bond.

Mongolian Parliament approved the Law on Real Estate Collateral processed by a working group including the MIK.

2008

MIK signed an MOU with the Mongolian National Chamber of Commerce and Industry.

Монголын Ипотекийн Корпораци Монголын Үндэсний Худалдаа Аж Үйлдвэрийн Танхимын жинхэнэ гишүүнээр элсэв.

German Bank for Reconstruction and Development (KfW) and the Ministry of Finance concluded a cooperation agreement on providing technical assistance to MIK.

Bank of Mongolia approved the Residential Mortgage Financing Procedure which was drafted with MIK.

MIK became a member of the International Union for Housing Finance.

2007

Mrs. Enkhbayar Tsedendorj was appointed as Cheif Executive Director of Mongolian Mortgage Corporation by the decision of Board of Directors meeting.

Memorandum of Understanding between the Ministry of Finance, the Bank of Mongolia, and MIK was signed for the implementation of a German Bank for Reconstruction and Development (KfW) initiated project.

2006

Bank of Mongolia and ten commercial banks (including Anod Bank, Golomt Bank, Capital Bank, Capitron Bank, Mongol Post Bank, Khan Bank, Xac Bank, Trade and Development Bank, and Zoos Bank) jointly organized a meeting to establish a company to support the

2006 оны 10 дугаар сарын 6-нд Монголбанк болон арилжааны 10 банк (Анод банк, Голомт банк, Капитал банк, Капитрон банк, Монгол шуудан банк, Хаан банк, Хасбанк, Худалдаа Хөгжлийн банк, Зоос банк, Улаанбаатар хотын банк) хамтран Ипотекийн анхдагч болон хоёрдогч зах зээлийн үйл ажиллагааг хөгжүүлэн дэмжих зорилгоор компани үүсгэн байгуулах хурал хийж, Монголын Ипотекийн Корпорацийг үүсгэн байгуулж, Гүйцэтгэх захирлын үүрэг гүйцэтгэгчээр Эдийн засгийн бодлогын шинэтгэл, өрсөлдөх чадвар төслийн  зөвлө

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